"You get a tariff, you get a tariff, everybody gets a tariff!" - Official Trump Taxes ® Thread | 04/14 : Exemptions no more :mjlol:

bnew

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.https://www.cnn.com/2024/05/31/china/china-trump-conviction-trending-intl-hnk/index.html



Trump is trending on Chinese social media, and many are rejoicing​


By Nectar Gan, CNN

3 minute read

Updated 4:54 AM EDT, Fri May 31, 2024

Former US President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial in New York on 30 May 2024.

Justin Lane/Pool/Reuters

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

CNN —

As Donald Trump became the first former US president to be convicted of a felony on Thursday, the historic verdict sparked huge interest – and a fair amount of schadenfreude – in China.

As a rising authoritarian superpower, China has long sought to project its political system as superior to American democracy.

But while Trump’s trial has been a boon for that narrative, it’s also offered a potential window into something unimaginable and dangerous to the ruling Chinese Communist Party — an elected leader held accountable by independent courts and prosecutors, convicted by a jury of his peers.

For months, Chinese propagandists have attempted to use Trump’s indictments to strengthen Beijing’s narrative of a United States in decline, citing the months-long legal battle as a prime example of the polarization and dysfunction of American politics.

And as China woke up Friday to the news of Trump’s conviction on 34 felony counts of falsifying business records, the country’s heavily censored social media lit up.

On Weibo, China’s X-like platform, the verdict became the top trending topic, racking up more than 120 million views by the afternoon.

“Trump’s supporters, hurry up and mobilize, storm the Capitol,” said a top comment under a news brief by state news agency Xinhua.

Another said: “Comrade Nation Builder Trump should not be fighting alone.”

On the Chinese internet, the former US president earned the nickname of Chuan Jianguo, or “Trump, the (Chinese) nation builder” during his time in office – a quip to suggest his isolationist foreign policy and divisive domestic agenda were actually helping Beijing to overtake Washington on the global stage.

Some nationalist influencers gleefully mocked the verdict. “It seems that in 2024, a civil war in America is not just a dream!” said one such blogger with 4 million followers.

Under leader Xi Jinping, China’s most assertive leader in decades, the country’s social media platforms have become increasingly dominated by anti-American, nationalistic voices.

“Although he is guilty, he can still run for president. A ‘criminal’ can become president – this is the ridiculous aspect of Western-style democracy,” said another.

Hu Xijin, former editor-in-chief of state-run nationalist tabloid Global Times, also weighed in.

“Naturally, Chinese people are watching the spectacle with amusement,” he said on Weibo. “Here’s what everyone is most concerned about: First, will Trump actually go to jail? Second, can he still run for president?”

But analysts say Trump’s conviction could be a tricky topic for Chinese state propagandists to navigate.

“On the one hand, it highlights a rotting and fracturing American democracy. On the other hand, it highlights that a former top leader can be arrested, put on trial, judged by jury of peers and convicted, for relatively small acts of corruption,” wrote Bill Bishop, a China watcher and author of the Sinocism newsletter.

China’s judicial system remains tightly beholden to the ruling Communist Party, according to legal observers, and has a conviction rate of around 99%.

The timing of the conviction also added to the sensitivity, coming just days before the 35th anniversary of Beijing’s bloody crackdown of the pro-democracy Tiananmen movement in 1989, according to Bishop.

So far, Chinese state media outlets have yet to publish the kind of blistering commentaries that previously appeared alongside news coverage of Trump’s legal entanglements.

Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said China’s state media is unlikely to play up the coverage in the days ahead.

“They don’t want to attack Donald Trump because if he becomes the president, they know the consequences. Instead, they’re likely to use it to showcase the problems of the US system,” said Wu, a former reporter in China.

“They need to be really careful about that.”
 

bnew

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1/11
@charise_lee
Umm no the US screwed itself. The dumbest president 🤡ever



https://video.twimg.com/ext_tw_video/1912232087551131648/pu/vid/avc1/576x1024/9rYI3yLet1MlvGYU.mp4

2/11
@nickreal03
Winning biggly...



3/11
@FAK___
His choice of words perfectly matches the magaverse and that’s who it’s meant for, music to their ears



4/11
@bflores007
I bet you won't reply back to any of the comments to have a debate lol how about leave this country and go to one you think it's better lol USA 🇺🇸 first 💯



5/11
@BookDJSeanG
He is not a president



6/11
@heritagesoft96
Can u just blame urself next



7/11
@ndoro_tongai
It started like a joke. This is a official picture during business hours.



Gop5ef8XIAASMrs.jpg


8/11
@PhistoP51203
Karma



9/11
@Sincityhomepro
Jackass!!



10/11
@CarlosPP20__
Those countries need the US for their economies to continue growing, China isn’t buying as much as the US from them, they haven’t and the my won’t



11/11
@Yxn_S
The feels.... I know. Lol




To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
 

bnew

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Joined
Nov 1, 2015
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1/31
@shaunrein
China is not buying American oil but I buying Canadian oil

China is not buying American soybeans but buying Brazilian soybeans

China is not buying American Boeings but buying France's Airbuses

China is not buying American beef but buying Australian

China has decided basically not to buy anything from America and, aside from semiconductors, can easily replace American made products

America on the other hand had to exempt iPhones & computers from tariffs to still get

America can't buy antibiotics and rare earth anywhere else

Things are not going to go the way Trump wants. Bessent, Navarro, Lutnick should be fired. Can there be a more arrogant yet unsophisticated triumvirate in American economic history?



2/31
@shaunrein
One book predicted this would happen - read my recently released book The Split: Finding the Opportunities in China's Economy in the New World Order to understand how businesses and countries can benefit from the geo-political split

Trump should be reading my book not Navarro's Death by China.



Gosh740b0AAbyZS.jpg


3/31
@JarodKintz1
Is that The Art of The Deal?



4/31
@cpaltenghe
Gee, you aren’t biased in any way…🤔
How about we wait and see how this sorts out I’m gonna bet you’re 100% wrong



5/31
@DavesCoins
I say raise the tariff on China to 1,000% and they can match it so it goes 2 ways.



6/31
@RonStoneman7




Gou2NcQaYAAxSNt.jpg


7/31
@SteveKim1234
@JDVance needs to study history and global economics. @PressSec also.



8/31
@mgoetzke
Ever since this behavior started Elon is out basically. He doesnt suffer much from it (comparatively) , but still sees it for what it is.



9/31
@MrNotAdvice
I disagree.
China's domestic consumption cannot sustain any imports for a long period of time.
China has a toxic soup of mortgages but in their case, they didnt package them and sell them so the PBOC is responsible for 70% of them.
China can decide what ever they want but their 25 years of thieving, flouting the WTO, and thumbing their nose at any attempt to moderate their pollution is coming to an end.
It's very simple:
The US can find other suppliers to produce most of the products China does.
China cannot find another customer or customer(s) to rely upon longer term that will replace the US comsumption.
It is simple math.



10/31
@Earcom2
One word - Arrogance



GouKjuKWYAAf7J-.jpg


11/31
@JohnnyAkzam
Once China clarifies its relationship with Taiwan, the semiconductor issue might resolve itself.



12/31
@0N0N0NN
@_screenshoter dark mode please



13/31
@nickreal03
Winning biggly...



14/31
@VoteDems24
Once there is established trade with another country, China won’t go back to the US.



15/31
@Kiro01650036
What a loser really. He couldn't see he didn't have the cards and ended up losing the little he had.



16/31
@Mikele1966
Airbus = Germany and France. The production of Airbus is in Hamburg/Germany and Toulouse/France. Sorry, I am from Hamburg so that is important for us. More than 16.000 people working in Hamburg for Airbus.



17/31
@BobReisner
Exactly why this condition needs to be fixed fast...



18/31
@holly__heart
The Art of the Deal.



GovocJlaMAA7WLt.jpg


19/31
@xw19992k
Yes cry more 😂



20/31
@x_facts_matter
Let’s be really, really realistic here…

China doesn’t have semiconductors simply because they are refraining from acquiring Taiwan.

It’s hard to believe we have the upper hand in the situation.

What if Trump pushes China to the point of demanding full reunification with Taiwan?

Then I believe we would be the ones without semiconductors….



21/31
@rajudhanu
China’s moves look strong, but many are short-term.

The U.S. has global alternatives and stronger innovation power.

The real pain is mutual — and both sides are racing to reduce dependence.

So it's not "China winning" — it's both sides bleeding,



22/31
@ChrisBrowneCFA
What happens to the Yuan?



23/31
@dfwtx17
Sit this out, Harvard.



24/31
@DrRichardPitre
You do realize that you are arguing that the US should capitulate to a foreign power that has been waging economic war against the US for decades?

Trade wars cause problems for both sides. China started this trade war and now that we are fighting back China is now paying a much much larger price than we are. So as far as the trade war impact on China vs the trade war impact on the US is concerned this is going exactly like Trump planned.



25/31
@gzicherm
You are kinda off base here. Switching suppliers does nothing to change market prices for commodities or highly oligopolistic products. If demand stays the same, other buyers will just switch.

Airplanes are an interesting case with huge backlogs, long term contracts ans tons of dependencies. Supplier changes are not that easy.



26/31
@steveofw73
We don’t care, Shaun.



27/31
@Neuro24de
Except that Airbus is also built in Spain and Germany I agree fully. Even militarily the US proved in the Korean War 1950 that it is not capable of winning against China. That was the time China was still a peasant country using the words of Vance. Things have changed a lot since then. China is a superpower now, having a lot more scientific publications on AI than the US. It is only a short time, they will produce better chips than Nvidia can make.
Annual scholarly publications on artificial intelligence



28/31
@Redeemedjoyful
Yet



29/31
@NicJonWic
For people that are so sure these tariffs are a bad idea, you guys sure seem to be doing a lot of nervous talking. 😂



30/31
@emotionscontrul
You misspelled yourself. Ron Vara needs to be fired!



31/31
@fuller_sean
Where this is potentially leading is China putting export controls even on the electronics Trump exempted from tariffs. That will fukk us over BIG TIME, and lots of manufacturers, including Apple, are now scrambling to try to set up backup options in India




To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
 

jmegamar

On the Come up Member
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1/31
@shaunrein
China is not buying American oil but I buying Canadian oil

China is not buying American soybeans but buying Brazilian soybeans

China is not buying American Boeings but buying France's Airbuses

China is not buying American beef but buying Australian

China has decided basically not to buy anything from America and, aside from semiconductors, can easily replace American made products

America on the other hand had to exempt iPhones & computers from tariffs to still get

America can't buy antibiotics and rare earth anywhere else

Things are not going to go the way Trump wants. Bessent, Navarro, Lutnick should be fired. Can there be a more arrogant yet unsophisticated triumvirate in American economic history?



2/31
@shaunrein
One book predicted this would happen - read my recently released book The Split: Finding the Opportunities in China's Economy in the New World Order to understand how businesses and countries can benefit from the geo-political split

Trump should be reading my book not Navarro's Death by China.



Gosh740b0AAbyZS.jpg


3/31
@JarodKintz1
Is that The Art of The Deal?



4/31
@cpaltenghe
Gee, you aren’t biased in any way…🤔
How about we wait and see how this sorts out I’m gonna bet you’re 100% wrong



5/31
@DavesCoins
I say raise the tariff on China to 1,000% and they can match it so it goes 2 ways.



6/31
@RonStoneman7




Gou2NcQaYAAxSNt.jpg


7/31
@SteveKim1234
@JDVance needs to study history and global economics. @PressSec also.



8/31
@mgoetzke
Ever since this behavior started Elon is out basically. He doesnt suffer much from it (comparatively) , but still sees it for what it is.



9/31
@MrNotAdvice
I disagree.
China's domestic consumption cannot sustain any imports for a long period of time.
China has a toxic soup of mortgages but in their case, they didnt package them and sell them so the PBOC is responsible for 70% of them.
China can decide what ever they want but their 25 years of thieving, flouting the WTO, and thumbing their nose at any attempt to moderate their pollution is coming to an end.
It's very simple:
The US can find other suppliers to produce most of the products China does.
China cannot find another customer or customer(s) to rely upon longer term that will replace the US comsumption.
It is simple math.



10/31
@Earcom2
One word - Arrogance



GouKjuKWYAAf7J-.jpg


11/31
@JohnnyAkzam
Once China clarifies its relationship with Taiwan, the semiconductor issue might resolve itself.



12/31
@0N0N0NN
@_screenshoter dark mode please



13/31
@nickreal03
Winning biggly...



14/31
@VoteDems24
Once there is established trade with another country, China won’t go back to the US.



15/31
@Kiro01650036
What a loser really. He couldn't see he didn't have the cards and ended up losing the little he had.



16/31
@Mikele1966
Airbus = Germany and France. The production of Airbus is in Hamburg/Germany and Toulouse/France. Sorry, I am from Hamburg so that is important for us. More than 16.000 people working in Hamburg for Airbus.



17/31
@BobReisner
Exactly why this condition needs to be fixed fast...



18/31
@holly__heart
The Art of the Deal.



GovocJlaMAA7WLt.jpg


19/31
@xw19992k
Yes cry more 😂



20/31
@x_facts_matter
Let’s be really, really realistic here…

China doesn’t have semiconductors simply because they are refraining from acquiring Taiwan.

It’s hard to believe we have the upper hand in the situation.

What if Trump pushes China to the point of demanding full reunification with Taiwan?

Then I believe we would be the ones without semiconductors….



21/31
@rajudhanu
China’s moves look strong, but many are short-term.

The U.S. has global alternatives and stronger innovation power.

The real pain is mutual — and both sides are racing to reduce dependence.

So it's not "China winning" — it's both sides bleeding,



22/31
@ChrisBrowneCFA
What happens to the Yuan?



23/31
@dfwtx17
Sit this out, Harvard.



24/31
@DrRichardPitre
You do realize that you are arguing that the US should capitulate to a foreign power that has been waging economic war against the US for decades?

Trade wars cause problems for both sides. China started this trade war and now that we are fighting back China is now paying a much much larger price than we are. So as far as the trade war impact on China vs the trade war impact on the US is concerned this is going exactly like Trump planned.



25/31
@gzicherm
You are kinda off base here. Switching suppliers does nothing to change market prices for commodities or highly oligopolistic products. If demand stays the same, other buyers will just switch.

Airplanes are an interesting case with huge backlogs, long term contracts ans tons of dependencies. Supplier changes are not that easy.



26/31
@steveofw73
We don’t care, Shaun.



27/31
@Neuro24de
Except that Airbus is also built in Spain and Germany I agree fully. Even militarily the US proved in the Korean War 1950 that it is not capable of winning against China. That was the time China was still a peasant country using the words of Vance. Things have changed a lot since then. China is a superpower now, having a lot more scientific publications on AI than the US. It is only a short time, they will produce better chips than Nvidia can make.
Annual scholarly publications on artificial intelligence



28/31
@Redeemedjoyful
Yet



29/31
@NicJonWic
For people that are so sure these tariffs are a bad idea, you guys sure seem to be doing a lot of nervous talking. 😂



30/31
@emotionscontrul
You misspelled yourself. Ron Vara needs to be fired!



31/31
@fuller_sean
Where this is potentially leading is China putting export controls even on the electronics Trump exempted from tariffs. That will fukk us over BIG TIME, and lots of manufacturers, including Apple, are now scrambling to try to set up backup options in India




To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196

And this is why I’m sure behind closed doors Trump is probably pissing himself how he let it get this bad. I’m also sure Musk is furious since he more than anyone needs China. You can act strong man all you want but numbers don’t lie when it comes down to it.
 

☑︎#VoteDemocrat

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Pressure

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I would think that if Trump politicizes the Fed, it's over. There's no going back after that.
He did with Powell the firdt time and the same with dejoy. Which is why folks wanted them out when Biden took over.

Biden not distancing himself really was a harmful to his ability to express the message Americans and Trump don't know what they're doing when he keeps his people around.
 

☑︎#VoteDemocrat

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He did with Powell the firdt time and the same with dejoy. Which is why folks wanted them out when Biden took over.

Biden not distancing himself really was a harmful to his ability to express the message Americans and Trump don't know what they're doing when he keeps his people around.
That was Biden’s version of Obama nominating Garland to appease republicans
 
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